AFTAs 2021: Best AI technology initiative—Alexandria Technology
OVERVIEW
Investment firms are bombarded with information from news reports, financial statements, earnings calls and social media.
It is challenging for analysts to capture all the relevant information for their investments.
THE SOLUTION
Alexandria Technology developed an AI analyst that can read and analyze investment-related documents from newswires, financial reports, and social media, at big data scale.
Using natural language processing (NLP), the tool can model language for context, resulting in accurate classification of entities, topics and sentiment.
The AI analyst caters to quantitative analysts, quantitative portfolio managers, and data scientists at long-only equity, alternatives, and macroeconomic managers.
The classifier analyzes documents in milliseconds and draws similar conclusions to a skilled portfolio manager.
“Alexandria has built an AI analyst that can consume information instantaneously, with the skill and accuracy of a financial analyst with 20-plus years of experience. Applying deep industry knowledge to our AI systems has proven to create significant value for investment firms.”
Dan Joldzic, CEO, Alexandria Technology
WHAT’S TO COME
Alexandria will expand its AI analyst to include new sources of information in global languages to capture relevant information for financial professionals.
As more information is captured, analysts can incorporate it into their research processes.
WHY THEY WON
It is challenging to capture all the data necessary from news reports, financial statements, earnings calls, and social media. Alexandria Technology introduced its AI analyst to help asset managers analyze large volumes of text at scale and turn it into alpha-generating signals. The AI analyst will continue expanding to new sources of information in global languages to capture relevant information for financial professionals.
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